An Example of a Transaction That Must Be Disclosed as a Noncash

Multiple Choice

An example of a transaction that must be disclosed as a noncash investing and financing activity includes all but which of the following?

A) The purchase of noncash assets in exchange for equity or debt securities.
B) The retirement of debt by issuing equity stock.
C) The leasing of assets in a transaction that qualifies as a capital lease.
D) A transaction exchanging cash equivalents for cash.
E) The purchase of long-term assets financed by a cash down payment and a note payable to the seller for the balance.